30-Year Mortgage Rates Tick Down From Nearly 6-Month High
After a recent surge to their most expensive level since early July, 30-year mortgages ticked down Friday. Rates for most other loans were down or flat.
U.S. mortgage rates jolt up before New Year
U.S. mortgage rates jumped again this week as the New Year beckons. That's the word from Freddie Mac, which released its latest data. Freddie Mac reports the 30-year fixed mortgage rate averaged 6.85% for the week ending Dec. 26 — up from 6.72% last week. A year ago, mortgage rates averaged 6.61%.
Mortgage rates rise again, finishing the year at 6.85% — just about the way they started
Mortgage rates rose again this week to end the year slightly higher than where they began. The average 30-year fixed-rate mortgage rate was 6.85% for the week through Wednesday, according to Freddie Mac data. That’s up from 6.72% a week earlier. Average 15-year mortgage rates rose to 6% from 5.92%.
Today's Mortgage Rates | Rates Are Ending the Year Higher Than They Started
These are today's mortgage and refinance rates. Mortgage rates dropped in the fall, but they've trended back up over the last few months.
Why mortgage rates remain so high—and what to expect in 2025
Mortgage costs stayed stubbornly high in 2024, with 30-year fixed rates holding well above 6% for most of the year. Unfortunately for buyers, 2025 isn't looking much better. The Federal Reserve has been cutting interest rates,
US pending home sales hit 21-month high in November
Contracts to buy U.S. previously owned homes rose more than expected in November, notching a fourth straight month of gains ...
Mortgage Rates Rise to 6.85% After Fed Projected Fewer Cuts in 2025
The post Mortgage Rates Rise to 6.85% After Fed Projected Fewer Cuts in 2025 appeared first on Real Estate News & Insights | ...
Average rate on a 30-year mortgage climbs to 6.85%, highest since July, as bond yields keep rising
The average rate on a 30-year mortgage in the U.S. rose for the second straight week to its highest level since mid-July, ...
Freddie Mac mortgage portfolio growth slows to 2.4% annualized rate in November
Freddie Mac's (OTCQB:FMCC) total mortgage portfolio advanced at an annualized rate of 2.4% last month, marking the slowest ...
Freddie Mac’s 2025 Scorecard Prioritizes Affordable Housing
Freddie Mac ( ) just unveiled an update. The Federal Housing Finance Agency released the 2025 Scorecard for Freddie Mac, which outlines performance criteria and strategic prioriti ...
Next Week in Business: jobless claims, mortgage rates and Wall Street's first trading day of 2025
The Labor Department issues its weekly tally of new unemployment benefit claims on Thursday. The number of Americans applying ...
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Why setting Fannie Mae and Freddie Mac free is a gamble
Releasing the GSEs from government conservatorship is on the agenda for the incoming Trump administration. Doing so could ...
Fannie Mae and Freddie Mac aren’t your neighbors — they’re mortgage game changers. Here’s how to leverage their 2025 loan limit boost
Wondering how Fannie Mae and Freddie Mac can make homeownership more affordable in 2025? With higher conforming loan limits ...